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can someone please help me answer these questions. thank you. Phelps, Inc. had assets of $94,702, liabilities of $20,410, and 14,014 shares of outstanding common
can someone please help me answer these questions. thank you.
Phelps, Inc. had assets of $94,702, liabilities of $20,410, and 14,014 shares of outstanding common stock at December 31, 2017. Net income for 2017 was $10,370. The company had assets of $111,235, liabilities of $24,487, 11,779 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2018. Net income for 2018 was $10,961. Required: a. Calculate EPS for 2018. b. Calculate ROE for 2018. C. Calculate the Price/Earnings Ratio for 2018. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate EPS for 2018. (Do not round intermediate calculations. Round your final answer EPS Phelps, Inc. had assets of $94,702, liabilities of $20,410, and 14,014 shares of outstanding common stock at December 31, 2017. Net income for 2017 was $10,370. The company had assets of $111,235, liabilities of $24,487, 11,779 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2018. Net income for 2018 was $10,961. Required: a. Calculate EPS for 2018. b. Calculate ROE for 2018. c. Calculate the Price/Earnings Ratio for 2018. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate ROE for 2018. (Round your answer to 1 decimal place.) ROE % Phelps, Inc. had assets of $94,702, liabilities of $20,410, and 14,014 shares of outstanding common stock at December 31, 2017. Net income for 2017 was $10,370. The company had assets of $111,235, liabilities of $24,487, 11,779 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2018. Net income for 2018 was $10.961. Required: a. Calculate EPS for 2018. b. Calculate ROE for 2018. c. Calculate the Price/Earnings Ratio for 2018. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the Price/Earnings Ratio for 2018. (Do not round intermediate calculations. Rou places.) Price/Earnings Ratio Step by Step Solution
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